Last week’s landed price for imported soybeans fell $3/MT to $420/MT as China’s yuan lost ground to the U.S. dollar for the second straight week. The big story, however, involved soyoil.
Oilseeds First Soymeal Inventory Increase in Weeks Between 11 August and 8 September, China’s nationwide soymeal inventory shed 305,300 MT. It then rose 65,600 MT (+7 percent) in the second week of this month to an estimated 996,700 MT, up 389,800 MT (+64.2 percent) versus the same week in 2016. Inventories improved in all regions except for the drop of 200 MT (.2 percent) to 84,700 MT in the Northeast. Imported Soybeans Down Slightly China’s estimated imported soybean stocks at its major seaports totaled 6.76 MMT as o...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
